BrightAccountsProduction v1.0.0 v1.0.0 2022-07-01 The company was dormant during the period Dormant 19 March 2024 1 1 NI670038 2023-06-30 NI670038 2022-06-30 NI670038 2021-06-30 NI670038 2022-07-01 2023-06-30 NI670038 2021-07-01 2022-06-30 NI670038 uk-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 NI670038 uk-curr:PoundSterling 2022-07-01 2023-06-30 NI670038 uk-bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 NI670038 uk-bus:FullAccounts 2022-07-01 2023-06-30 NI670038 uk-bus:Director1 2022-07-01 2023-06-30 NI670038 uk-bus:RegisteredOffice 2022-07-01 2023-06-30 NI670038 uk-bus:Agent1 2022-07-01 2023-06-30 NI670038 uk-bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 NI670038 uk-core:ShareCapital 2023-06-30 NI670038 uk-core:ShareCapital 2022-06-30 NI670038 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-06-30 NI670038 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-06-30 NI670038 uk-bus:FRS102 2022-07-01 2023-06-30 NI670038 2022-07-01 2023-06-30 NI670038 uk-bus:EntityNoLongerTradingButTradedInPast 2022-07-01 2023-06-30 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI670038
 
 
Dream Worldwide Ltd
 
Unaudited Financial Statements
 
for the financial year ended 30 June 2023



Dream Worldwide Ltd
DIRECTOR AND OTHER INFORMATION

 
Director Tom Smyth
 
 
Company Registration Number NI670038
 
 
Registered Office 64 Donegall Quay
Belfast
BT1 3NL
 
 
Business Address 1.1 64 Donegall Quay
Belfast
BT1 3NG
 
 
Accountants Quarter
Chartered Accountants
St Anne's House
15 Church Street
Cathedral Quarter
BT1 1PG
United Kingdom



Dream Worldwide Ltd

CHARTERED ACCOUNTANTS' REPORT
to the Director on the Compilation of the unaudited financial statements of Dream Worldwide Ltd
for the financial year ended 30 June 2023
 
In accordance with our engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial year ended 30 June 2023 as set out on pages  to 7 which comprise , the Statement of Comprehensive Incomethe Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.
 
This report is made solely to the director of Dream Worldwide Ltd, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Director that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its director for our work or for this report.
 
We have carried out this engagement in accordance with guidance issued by Chartered Accountants Ireland and have complied with the relevant ethical guidance laid down by Chartered Accountants Ireland relating to members undertaking the compilation of financial statements.
 
You have acknowledged on the balance sheet for the year ended 30 June 2023 your duty to ensure that Dream Worldwide Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Dream Worldwide Ltd. You consider that Dream Worldwide Ltd is exempt from the statutory audit requirement for the financial year.
 
We have not been instructed to carry out an audit or a review of the financial statements of Dream Worldwide Ltd. For this reason, we have not verified the adequacy, accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
 
 
 
__________________________________
QUARTER
Chartered Accountants
St Anne's House
15 Church Street
Cathedral Quarter
BT1 1PG
United Kingdom
 
19 March 2024



Dream Worldwide Ltd
Company Registration Number: NI670038
STATEMENT OF FINANCIAL POSITION
as at 30 June 2023

2023 2022
Notes £ £
 
Current Assets
Cash and cash equivalents 1 1
───────── ─────────
Net Current Assets 1 1
───────── ─────────
Total Assets less Current Liabilities 1 1
═════════ ═════════
 
Equity
Called up share capital 1 1
───────── ─────────
Equity attributable to owners of the company 1 1
═════════ ═════════
 
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
           
The company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.
           
For the financial year ended 30 June 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
           
Approved by the Director and authorised for issue on 19 March 2024
           
           
________________________________          
Tom Smyth          
Director          
           



Dream Worldwide Ltd
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 30 June 2023

   
1. General Information
 
Dream Worldwide Ltd is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI670038. The registered office of the company is 64 Donegall Quay, Belfast, BT1 3NL. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 30 June 2023 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006. These are the company's first set of financial statements prepared in accordance with FRS 102.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Adoption of FRS 102 Section 1A
 
This is the first set of financial statements prepared by Dream Worldwide Ltd in accordance with accounting standards issued by the Financial Reporting Council, including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” Section 1A (Small Entities).
       
4. Employees
 
The average monthly number of employees, including director, during the financial year was 1.
 
  2023 2022
  Number Number
 
Director 1 1
  ═════════ ═════════
       
5. Capital commitments
 
The company had no material capital commitments at the financial year-ended 30 June 2023.
   
6. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial year-end.